Turk Telekom revenue up 10% to TRY 5 bln in Q2

Thursday 26 July 2018 | 16:15 CET | News
Turk Telekom's revenue grew 10 percent year-on-year to TRY 5.0 billion in Q2. Excluding IFRIC 12 revenue, growth was at 10.5 percent year-on-year, in line with company expectations. EBITDA increased 15 percent to TRY 2.0 billion, with an EBITDA margin of 40 percent. The number of total subscribers grew 937,000 in Q2 to 43.5 million, the best second quarter performance in10 years. Annual growth in the subscriber base accelerated from 3 percent in Q2 2017 to 10 percent in Q2 2018, the highest growth rate since 2008.

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Categories: General
Companies: Turk Telekom
Countries: Turkey
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